My goals incorrectly reflect that I am way over budget in rent and utilities because it will not immediately offset the total amts that I pay out my acct, with the reimbursements of my 2 roommates. As a result there is no money left over for other budget categories which is completely wrong. How do I combine the expenses for rent and utilit. with the income (well it's technically not really income but that's how it's classified) from my roommates reimbursements? Can Quicken correct this? Or, is there another quicken product that would simplify this?
Budget tells me I'm way overbudget in rent because it's not taking into acc Nov 03, 2009 08:20 am
This post is about: Quicken Online
Just budget the total rent amount and then add a line item for the rent you receive from your roommates as Misc Income.
Another fix is to "split" the rent payment when it clears so that your portion is categorized as rent and the rest is categorized as transfer out. But make sure the money you receive is classified as transfer in...the net will be zero.
